Ground-Floor Corner Retail Space at Albrook Mall
A corner retail space with an existing lease at Albrook Mall
Albrook, Panamá
Active
$1,000,000
USD$7,657 / m²
- 130.6 m²Floor area
- 100Parking
- MallSetting
- 1Bath
Overview
Positioned on the ground floor and at a corner of Albrook Mall, this 130.6 m² commercial space puts a retail business within one of Panama City’s major shopping destinations. The mall is described as having strong customer volume and commercial traffic, while the unit is currently leased and offered for sale as an income-producing property. The space measures 130.6 m² and has one bathroom, finished interiors, and central air conditioning. Visitor parking is listed among the property’s features. The monthly rent is reported at approximately USD 3,000; the lease term, inclusions, and other tenant arrangements are not specified here. The asking price is USD 1,000,000, equivalent to approximately USD 7,656.97 per m² based on the stated area. Located in Albrook, Panama City, the property benefits from its position inside Albrook Mall and the customer movement associated with the shopping center. This is a distinctive opportunity for buyers seeking a mall-based commercial unit with a tenant in place. Contact Casanova Realty to request details about the lease, confirm parking arrangements, and discuss a viewing.
In Short
This Albrook Mall retail space measures 130.6 m² and is on the ground floor at a corner. It has one bathroom, finished interiors, central air conditioning, and visitor parking is listed among its features. It is offered for USD 1,000,000 and is reported as leased at approximately USD 3,000 per month.
Before You Decide
- The reported current rent is approximately USD 3,000 per month; obtain the signed lease and verify its term and conditions.
- 100 garages, but the count and whether spaces belong to the unit need confirmation.
- The gross yield of approximately 3.6% is calculated from the reported rent and asking price, before expenses.
- Mall fees, taxes, permitted uses, and lease obligations are not provided and should be reviewed before purchase.
Highlights
- 130.6 m² of commercial space
- Ground-floor corner position inside Albrook Mall
- Currently leased, with reported rent of approximately USD 3,000 per month
- One bathroom
- Finished interior
- Central air conditioning
- Visitor parking is listed among the property features
- Asking price: USD 1,000,000
At a Glance
- Status
- Available for sale
- Asking price
- $1,000,000
- Price per m²
- $7,656.97/m²
- Area
- 130.6 m²
- Bathrooms
- 1
- Floor position
- Ground floor, corner
- Current lease
- Leased; approx. $3,000/month reported
- Property type
- Commercial retail space
- Building
- Albrook Mall
- Neighborhood
- Albrook
- City
- Panama City
- Listing ID
- CNV-PROP-079709
Key Facts
- Category
- Commercial
- Unit type
- Commercial Retail
- Listed
- 10 February 2025
- Last updated
- 8 October 2026
Gallery
15 photographs of this residence.
What's Included
Everything that stays with the residence.
- Finished
- Central air conditioning
- 100 parking spaces
Explore Retail local
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Full baths
- 1
- Total
- 131 m² · 1,406 ft²
Systems & Comfort
- Air conditioning
- Central
Parking & Storage
- Spaces
- 100
- Covered
- No
Interior
- Finished
- Central air conditioning
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,000,000
- Price per m²
- $7,657 / m²
- Cash to close (est.)
- $300,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $300,000
- Loan amount
- $700,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$4,310
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Compare the USD 7,656.97 per m² asking price with similar retail units in Albrook Mall and other Panama City shopping centers.
- Compare the reported approximate 3.6% gross yield with similar leased retail investments using verified lease income and operating expenses.
Value Comparison
Asking price per m², against the building, the sector and the country.
Retail local$7,657 / m²
Albrook average$3,440 / m²
Panama average$4,306 / m²
Asking 123% above the Albrook average — worth understanding what justifies it before you offer.
Investment Case
The commercial space is offered for USD 1,000,000 and is reported as currently leased at approximately USD 3,000 per month. That rent implies an indicative gross yield of about 3.6% before expenses, vacancy, taxes, and transaction costs.
- 3.6%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · February 2025$1,000,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Albrook
Ancón, Panamá
Albrook on Casanova today
- Active sale listings
- 105
- Active rentals
- 0
- Median asking price per m²
- $2,333
Getting Around
Ancón, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price for this Albrook Mall retail space?
The asking price is USD 1,000,000.
How large is the commercial space?
The commercial space measures 130.6 m².
Is the space currently leased?
Yes. The space is reported as currently leased.
What monthly rent is reported for the current lease?
The reported rent is approximately USD 3,000 per month.
What features does the space have?
The space is on the ground floor, occupies a corner position, has finishes, central air conditioning, one bathroom, and visitor parking is listed among its features.
Is the property leased?
Yes. The space is reported as currently leased.
Does the property have air conditioning?
Yes. Central air conditioning is specified.
Similar Properties
Same market, comparable size and price.
Interested in Ground-Floor Corner Retail Space at Albrook Mall?
Speak to our team — viewings in person or by video, usually within 48 hours.